InTheMoneyStocks Pro Traders Rant & Rave

High beta stocks are on the move today, and not in the good direction for longs. Salesforce.com, inc. (NYSE:CRM) is also seeing red as there is news of some insiders selling in recent days. The stock had been down well over 3% earlier and this is coming on the heels of a decent decline on Friday. As a pro trader I look at the chart and I see a potential entry point to go long Salesforce.com, inc. (NYSE:CRM) for a quick bounce to snatch profits. The level I have zeroed in on is $55.75. This level is slightly below the moving averages and there is a gap which looks like it wants to be filled. I will be looking out for this to happen tomorrow as there is a proprietary time count I am watching for, which will also increase the odds of the bounce. If Salesforce does not get to this level tomorrow then I will look for an entry point somewhere near the bottom of this channel which I have drawn out for you on the chart below. Have this chart on your radar for tomorrow and get ready to pocket some quick cash. 

If you only read one email again, make sure it comes from the Elite Round Table. Our FREE market emails contain information that can actually make you money. Ask yourself, what email have you read that can do that? Answer = none. Join our list here.

 
Parm Mann
Elite Round Table
Follow me on twitter: @ParmMannTrader

Wild Market Action As Tech Collapses: Trade Alerts And Levels Here

High volatility stocks are taking a beating today as many are looking to reduce risk. The Federal Reserve will release their FOMC Policy Statement on Wednesday at 2pm ET and Scotland will be voting on its independence on Thursday. There is worry and an expectation that the Federal Reserve will adjust their language to insinuate an interest rate hike is closer than the market is expecting. Should the Scotland vote for independence pass, it will make waves in the currency and debt markets. With markets near all-time highs, smart traders are selling high beta names like Netflix, Inc. (NASDAQ:NFLX), Twitter Inc (NYSE:TWTR), Facebook Inc (NASDAQ:FB).

Gareth Soloway

Chief Market Strategist

www.InTheMoneyStocks.com

Facebook Inc. (NASDAQ:FB) has had a solid run over the past year as one of the Nasdaq market leaders. However, today FB is showing good weakness on the charts as traders appear to be taking profits ahead of an expected volatile week in the markets. Facebook Inc. (NASDAQ:FB) had a nice intraday bounce off the trend line you see below. Now, if this line breaks on an hourly chart, the stock could have a nice sell off into the $71.50 level. Take note of the chart, get ready for the trade…

If you only read one email again, make sure it comes from the Elite Round Table. Our FREE market emails contain information that can actually make you money. Ask yourself, what email have you read that can do that? Answer = none. Join our list here.

Evan Poechman

Elite Round Table

Well, they said there is no time to waste and they weren’t kidding… this morning 2 new trades have already been entered and a 16.3% profit earned in the Research Center

This morning, members were alerted to sell their swing trade position on Dendreon Corporation (NASDAQ:DNDN) for a gain of 16.3%. This was a position which was held for 1 month. So all of you out there who are looking to position your retirement accounts, your IRA, 401k’s for the money making swing in stocks, well this is a perfect example of how you can grow your investments when you follow the trades in the Research Center.

This 16.3% profit on DNDN is no fluke,  the Research Center has been earning consistent profits for the past 7 years. Just look at the gains members earned last weekin their own words, $20k, $5k, $3k profit earned! If you are sitting on the sidelines, that is what you are missing out on right now. Enter the Research Center, get all of the action for FREE with out 7 day free trial. Take the first step towards controlling your financial freedom right now!

This morning, the leading tech stock Microsoft Corp (NASDAQ:MSFT) confirmed that they would be buying software company Mojang AB for $2.5 billion. Mojang AB is the company that brought the popular Minecraft video game to market. Microsoft Corp is hoping to boost its Xbox video game console with the acquisition. Today, Microsoft Corp stock is trading lower by 0.34 cents to $46.36 a share. Day traders should watch for solid intra-day support around the $45.90 area. This is a level where the stock is likely to stage a bounce today.

Are you ready to enter the next winning trade when it presents itself? Take a look at our recent trades in the Research Center track record here. Then step up and get on the right side of the trade; enter the Research Center for 7 free no obligation days and view all of the latest calls live right now.

 

 

Nick Santiago
Chief Market Strategist
www.InTheMoneyStocks.com

Major Events This Week, Trade The Action

Note this head and shoulder pattern on GoPro Inc. When it breaks the upsloping trend line, the stock should flush to a calculated target of $62.00 within days. It is right on the line now, the key is to watch for it to break. This is a classic bearish pattern.

Gareth Soloway

Chief Market Strategist

www.IntheMoneyStocks.com

Restoration Hardware Holdings Inc (NYSE:RH) reported earnings on Thursday, which were received with mixed feelings. The company came out with weaker sales numbers and more importantly weaker guidance. With such a downbeat report, one would think that this stock would have sold off more than the 2% that it did. However, it held a key level which could only be seen by the trained eye of a technical trader, like myself. The $78.75 “gap window” level was defended, even though Restoration Hardware Holdings Inc (NYSE:RH) shares traded as low as $78.02. While this may be a short term sign of strength, I will look lower for an entry to take a long trade. The level which will give traders a great money making opportunity is around the $71.35 area. This is not only where the daily chart 200ma resides, but this is also the area where Restoration Hardware Holdings Inc (NYSE:RH) broke out to new highs. Have this chart on your watch list and profit like a pro. 
 
If you only read one email again, make sure it comes from the Elite Round Table. Our FREE market emails contain information that can actually make you money. Ask yourself, what email have you read that can do that? Answer = none. Join our list here.
 
 
 
Parm Mann
Elite Round Table
Follow me on twitter: @ParmMannTrader

This is the right way to close out a great week of trading and investing in the stock market and enjoy the weekend to the fullest… with a nice 20% profit! Our Research Center members closed out their CGA position this morning for a gain of 20%.  Add that great gain to this $20,000 and $3,800 profit earned by Rhonda and Tye hereand how about this $5,500 gain or this 70% profit!!  Everything you see in those previous links, every word you read about those thousands of dollars in profits earned, has come directly from the mouths of our members. That is fact, and that is what happens behind the doors of InTheMoneyStocks. There is not much more that needs to be said other than asking yourself the question, what are you waiting for?

Our professional head traders are proven, over the past 7 years they have guided members from around the world to earn profits just like those mentioned above. All you have to do is step inside and take control of your financial future already.

Here is how you can get started…

ACTIVE INVESTING:

Are you looking to take a few positions and not be tied to your computer all day long? Then ourResearch Center is the place for you, view the track record here.

LIVE DAY TRADING:

Or do you have free time to day trade the fast moving action of the intra day markets live? Then join ourvirtual trading room, the Intra Day Stock Chat.

 
Or just take our 7 day free trial to both services and
let the results guide you to the best place for you.